Guam § 40105 - Application for Examination; Registration.

§ 40105. Application for Examination; Registration.

(a) Every tax preparer shall take an examination of not less than

fifty (50) questions which will be prepared by the Director of such

division or organizational unit or board as he may designate. To qualify,

each preparer must receive a passing grade of at least seventy percent

(70%).

(b) Every tax preparer shall register upon forms prescribed by the

Director of the division designated by him. The form shall contain

sufficient information to identify the tax preparer, including name,

address, identification numbers and other identifying data which is

prescribed by the Director.

(c) Any tax preparer maintaining more than one business location

shall be permitted to file a single form which, in addition to the

information required in § 40104(b), clearly designates each location,

identifying one location as the principal location and all others as

additional locations, and the individual or individuals in charge of each

location.

(d) If any of the information required by this Section changes, the

tax preparer shall promptly notify the Director of the changes.

(e) Examination Fee. A non-refundable examination fee of One

Hundred Dollars ($100.00) shall be paid by each person applying to take

COL070307

11 GCA FINANCE & TAXATION

CH. 40 REGISTRATION, BONDING AND

REGULATION OF TAX PREPARERS

the Income Tax Preparer examination. The Director may increase such

fees commensurate with costs incidental to such exam.

(f) An unsuccessful examinee may be re-examined as follows:

(1) Second test thirty (30) days after first exam;

(2) Third test thirty (30) days after second exam;

(3) Thereafter the examinee may be re-examined every six (6)

months.